Want to see IN:ICEMAKE full AI Analyst Report?
ICEMAKE Stock Chart & Stats
₹855.80
₹9.85(1.22%)
At close: 4:00 PM EDT
₹855.80
₹9.85(1.22%)
Day’s Range― - ―
52-Week Range₹602.00 - ₹920.00
Previous CloseN/A
Volume32.17K
Average Volume (3M)23.15K
Market Cap
₹11.35B
Enterprise Value₹12.01B
Total Cash (Recent Filing)₹71.84M
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)82.5
Beta1.45
Next Earnings
Nov 14, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.36%
Share Statistics
EPS (TTM)7.58
Shares Outstanding18,147,308
10 Day Avg. Volume12,697
30 Day Avg. Volume23,149
Financial Highlights & Ratios
PEG Ratio-1.82
Price to Book (P/B)7.89
Price to Sales (P/S)1.57
P/FCF Ratio-16.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strong Revenue GrowthFY2026 revenue growth of 32.1% indicates strong demand for the company’s refrigeration and cooling solutions. Continued top-line expansion can improve operating scale, broaden customer reach, and provide a foundation for future earnings recovery if profitability stabilizes.
Consistent Business ExpansionGrowth has been sustained across multiple years rather than appearing as a single-period increase. This pattern suggests continuing business expansion and customer demand, giving the company a durable platform from which to invest, build scale, and strengthen its market position.
Positive Return On EquityA positive return on equity shows that the company is still generating earnings from shareholders’ capital despite the recent profitability slowdown. This supports the existence of an operating earnings base, although improving returns will be important to make growth more economically attractive.
Bears Say
Margin CompressionSharp contraction in gross and net margins shows that higher sales are converting less effectively into profit. Persistent margin pressure could limit internal funding, weaken earnings resilience, and reduce the benefit of future revenue growth unless cost and pricing performance improve.
Negative Cash GenerationNegative operating cash flow indicates that reported business growth is not currently translating into cash generation. Deeply negative free cash flow, combined with repeated weakness across years, can increase reliance on external funding and constrain financial flexibility during expansion.
Rising LeverageDebt has grown faster than equity as the company funds expansion, raising leverage and reducing balance-sheet flexibility. Higher indebtedness can increase financing obligations and leave fewer resources available for investment or absorbing weaker profitability and cash conversion.
Ice Make Refrigeration Ltd. News
ICEMAKE FAQ
What was Ice Make Refrigeration Ltd.’s price range in the past 12 months?
Ice Make Refrigeration Ltd. lowest stock price was ₹602.00 and its highest was ₹920.00 in the past 12 months.
What is Ice Make Refrigeration Ltd.’s market cap?
Ice Make Refrigeration Ltd.’s market cap is ₹11.35B.
When is Ice Make Refrigeration Ltd.’s upcoming earnings report date?
Ice Make Refrigeration Ltd.’s upcoming earnings report date is Nov 14, 2026 which is in 21 days.
How were Ice Make Refrigeration Ltd.’s earnings last quarter?
Ice Make Refrigeration Ltd. released its earnings results on Aug 13, 2026. The company reported -₹1.036 earnings per share for the quarter.
Is Ice Make Refrigeration Ltd. overvalued?
According to Wall Street analysts Ice Make Refrigeration Ltd.’s price is currently Overvalued.
Does Ice Make Refrigeration Ltd. pay dividends?
Ice Make Refrigeration Ltd. pays a Annually dividend of ₹2.25 which represents an annual dividend yield of 0.36%. See more information on Ice Make Refrigeration Ltd. dividends here
What is Ice Make Refrigeration Ltd.’s EPS estimate?
Ice Make Refrigeration Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Ice Make Refrigeration Ltd. have?
Ice Make Refrigeration Ltd. has 18,147,308 shares outstanding.
What happened to Ice Make Refrigeration Ltd.’s price movement after its last earnings report?
Ice Make Refrigeration Ltd. reported an EPS of -₹1.036 in its last earnings report. Following the earnings report the stock price went down -2.07%.
Which hedge fund is a major shareholder of Ice Make Refrigeration Ltd.?
Currently, no hedge funds are holding shares in IN:ICEMAKE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Ice Make Refrigeration Ltd.
Ice Make Refrigeration Limited (ICEMAKE.NS), an Indian firm headquartered in Gandhinagar, designs, manufactures, and supplies a comprehensive range of refrigeration products and cooling equipment. Their extensive portfolio encompasses solutions for cold rooms and dedicated storage, commercial and industrial applications, transport refrigeration, and ammonia-based cooling systems. The company provides tailor-made temperature control solutions to a diverse clientele across numerous sectors. These include the hospitality, food processing (e.g., frozen goods, dairy, ice cream, bakery, beverages, mineral water), healthcare (medicare, pharmaceuticals), agriculture (horticulture), retail, and various manufacturing industries (plastic, chemical). Established in 1989, Ice Make Refrigeration also engages in the export of its products.
Technical Analysis
Blue Star Limited
―
Ingersoll-Rand (India) Limited
―
Kirloskar Pneumatic Co. Ltd.
―
Krn Heat Exchanger and Refrigeration Limited
―
Voltas Limited
―